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RECENT NEWS
23 Aug 2022
DTN Closing Livestock Comment 08/23 16:03 Tuesday Beat Up the Lean Hog and Feeder Cattle Markets Heading into Wednesday's market all eyes will again be on the corn complex to see how it trades, as well as eyeing pork demand as pork cutout values closed drastically lower Tuesday afternoon. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Betwe...
23 Aug 2022
DTN Chart Technical Points 08/23 16:30 DTN FUTURES 10 8/23/22 SLOW STOCHASTIC PRICES ARE DECIMAL MOVING AVERAGES RSI'S 5 Day 20 Day CONTRACT CLOSE 4-Day 9-Day 18-Day 45-Day 9Day 14Day 30Day %K %D %K %D CBTWT SEP 782.75 759.50 778.31 781.69 822.87 50.09 46.06 43.27 52 33 25 29 CBTWT DEC 800.50 777.19 795.39 799.60 839.90 50.18 46.09 43.34 53 33 25 2...
23 Aug 2022
DTN Midday Livestock Comments 08/23 11:31 Grain News Overwhelms the Feeder Cattle Market Both the lean hog and feeder cattle markets are dealing with challenges heading into Tuesday's afternoon while the live cattle market trades unfazed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: While the lean hog and feeder cattle markets dance with ...
23 Aug 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/23/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,109 WEEK TO DATE: 4,109 STEERS LIVE FOB 2,795 142.00-142.00 142.00-142.00 142.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 904 142.00-142.00 142.00-142.00 142.00 HEIFERS LIVE DELIVERED No repo...
23 Aug 2022
DTN Early Word Livestock Comments 08/23 06:06 Higher Corn Futures May Pressure Cattle Live cattle contracts through December closed lower but held well considering the bearishness of the Cattle on Feed report on Friday. Feeder cattle followed a similar pattern with higher grain prices providing some pressure. Hogs ran out of aggressive selling whic...